Drag each example to the corresponding step in the process.

Prepare income statement

Locate and sort records $($collection$)$

Evaluate profit$/$loss of the firm

Record daily transactions in journals $($recording$)$

Separate purchasing receipts from sales documents

Organize journal entries in categories within a ledger $($classification$)$

Summarize data in the ledgers

Test the accuracy of the ledger by running a trial balance $($summarization$)$

Post individual transactions into a single account

Issue financial statements $($reporting$)$

Record financial data

Assess the firm's financial condition via ratio analysis $($analysis$)$

$56$

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